How to Outsource Relocation Benefits
When considering the steps necessary to formalize your corporate relocation program, it’s important to remember that employee relocation is not a set expense but a variable expense. Unlike health care benefits, relocation benefits are only utilized as needed and there is no cost until a service is authorized.
Outsourcing relocation benefits can be the smartest decision you make. Every employee has unique needs when it comes to moving. Some have families and houses while others may only have a car and a couple suitcases to move.
The key to successfully outsourcing your relocations is to establish the type of program you want and then build an executable policy around that program. Many companies start by establishing policy “tiers” that address the types of benefits you might want to offer. An example might be:
Executive Package
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Standard Package
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Renter Package
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Lump Sum Package
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Or you could simplify the process further with:
Home Owner Relocation Package
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Renter Relocation Package
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Whatever you decide is best for your company, your SIRVA Advantage expert will help you build the right program, put the right resources in place to deliver your program, and implement the process so you’re ready to move forward cost effectively as your company grows.
Professionally designed corporate relocation programs lead to better service for your employees and improved cost management. Relocation is a variable cost. You don’t want resources tied up in delivering services you don’t need, nor do you want to reinvent the wheel every time a move comes up.
Let SIRVA help you outsource your program the right way the first time…and obtain peace of mind knowing you’ll be providing your employees with the best mobility experience at the lowest total cost.